Showing 1 - 10 of 534
We examine the revenue and redistributive effects of tax policy reforms in twelve European countries over the decade between the financial crisis and the outbreak of the COVID-19 pandemic, setting them against the implications of a hypothetical system reflecting the extent of fiscal drag...
Persistent link: https://www.econbiz.de/10013206285
A provision of the Tax Cuts and Jobs Act of 2017 offered tax incentives for investing in certain low-income areas in the United States called Opportunity Zones (OZs). The goal of this provision was to spur private investment in OZs in order to improve the economic well-being of their residents....
Persistent link: https://www.econbiz.de/10013187185
We examine disparities in Child Tax Credit (CTC) eligibility and anti-poverty effects since 1998 by family type …. Initially, single mothers were least likely to be eligible and were underrepresented among those lifted from poverty by the CTC …, because the credit was virtually nonrefundable. By 2017, disparities by family type mostly disappear, as eligibility and anti-poverty …
Persistent link: https://www.econbiz.de/10014278606
Policymakers are concerned about potential underinvestment in lifelong learning. In this paper we study to what extent a tax deduction helps to stimulate post-initial training. Specifically, we employ a regression kink and regression discontinuity design as jumps in tax bracket rates generate...
Persistent link: https://www.econbiz.de/10011704275
This paper holistically addresses the effective (relative) income tax contribution of a given in-come (or, wealth) group. The widely acclaimed standard in public policy is the absolute benefaction of a given income group in filling up the fiscal coffers. Instead, we focus on the ratio of the...
Persistent link: https://www.econbiz.de/10011731886
tax schemes that alleviate poverty. To avoid conflict with individual well-being, we require redistribution to take place … between agents on both sides of the poverty line provided they have the same labor time. This requirement is combined with … yields the following evaluation criterion: tax schemes should minimize the labor time required to reach the poverty line. We …
Persistent link: https://www.econbiz.de/10011528840
This paper examines the impact on inequality and poverty of the economic crisis in four European countries, namely … 2010, was one of great economic turmoil, yet it is unclear whether changes in inequality and poverty rates over this time … decreasing inequality and relative poverty in the UK, France and especially in Ireland, a country where rising unemployment would …
Persistent link: https://www.econbiz.de/10010212995
Redistributive systems in Africa are still in their infancy but are constantly expanding in order to finance increasing public spending. This paper aims at characterizing the redistributive potential of six African countries: Ghana, Zambia, Mozambique, Tanzania, Ethiopia and South Africa. These...
Persistent link: https://www.econbiz.de/10011955580
Using counterfactual microsimulations, Shapley decompositions of time change in inequality and poverty indices make it … depth of poverty would have increased under the first New Labour government, had important reforms like the extensions of … income support and tax credits not been implemented. These reforms have also contributed to substantially reduce poverty …
Persistent link: https://www.econbiz.de/10003879331
Analysis of the relationship between taxes and self-employment should account for the interplay between responses in self-employment and wage employment. To this end, we estimate a two-state multi-spell duration model which accounts for both observed and unobserved heterogeneity using a large...
Persistent link: https://www.econbiz.de/10012518066